TJX Companies Inc (TJX) : Garrison Bradford Associates Inc reduced its stake in TJX Companies Inc by 15.61% during the most recent quarter end. The investment management company now holds a total of 25,410 shares of TJX Companies Inc which is valued at $2,050,841 after selling 4,699 shares in TJX Companies Inc , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.TJX Companies Inc makes up approximately 1.93% of Garrison Bradford Associates Inc’s portfolio.
Other Hedge Funds, Including , Ipswich Investment Management reduced its stake in TJX by selling 146 shares or 0.49% in the most recent quarter. The Hedge Fund company now holds 29,930 shares of TJX which is valued at $2,415,650. TJX Companies Inc makes up approx 1.17% of Ipswich Investment Management’s portfolio. Rockland Trust Co added TJX to its portfolio by purchasing 5,804 company shares during the most recent quarter which is valued at $463,333. TJX Companies Inc makes up approx 0.08% of Rockland Trust Co’s portfolio.Gofen Glossberg Il boosted its stake in TJX in the latest quarter, The investment management firm added 3,306 additional shares and now holds a total of 31,914 shares of TJX Companies Inc which is valued at $2,494,079. TJX Companies Inc makes up approx 0.10% of Gofen Glossberg Il’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in TJX by selling 35,847 shares or 29.56% in the most recent quarter. The Hedge Fund company now holds 85,411 shares of TJX which is valued at $6,744,053. TJX Companies Inc makes up approx 0.03% of Bnp Paribas Arbitrage Sa’s portfolio.
TJX Companies Inc closed down -0.4 points or -0.49% at $81.58 with 32,21,459 shares getting traded on Monday. Post opening the session at $82.15, the shares hit an intraday low of $81.46 and an intraday high of $82.28 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, TJX Companies Inc reported $0.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 17, 2016. Analyst had a consensus of $0.71. The company had revenue of $7542.40 million for the quarter, compared to analysts expectations of $7290.53 million. The company’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.69 EPS.
Investors should note that on Jun 8, 2016, TJX Companies Inc announced a cash dividend of $0.2600. The company’s management has announced Aug 9, 2016 as the ex-dividend date and fixed the record date on Aug 11, 2016. The payable date has been fixed on Sep 1, 2016.
Many Wall Street Analysts have commented on TJX Companies Inc. Miller Tabak Initiated TJX Companies Inc on Jun 24, 2016 to “Buy”, Price Target of the shares are set at $91.Company shares were Reiterated by RBC Capital Mkts on May 18, 2016 to “Outperform”, Firm has raised the Price Target to $ 84 from a previous price target of $82 .
The TJX Companies Inc. (TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx HomeGoods TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel home fashions accent furniture lamps rugs wall decor decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3461 stores in countries including the United States Canada the United Kingdom Ireland Germany Poland Austria and Australia.